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Mortgage Points Calculator

Should you buy points? Buying points when you close on your mortgage can reduce the interest rate, which in turn reduces your monthly payment. However each “point” will cost you 1% of your mortgage balance. This calculator helps you determine if you should pay for points or use the money to increase your down payment.

Find the Best Mortgage for You

Our great mortgage rates will bring you home. We've got options for military members, first time home buyers or those looking to finance.

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Make Sense of Home-Buying

Visit MakingCents for clear, step-by-step information on the home-buying process, from understanding mortgages to homeowner essentials.

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Mortgage Specials

Let Navy Federal help you finance your home.

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